Brazil Bioactive Ingredients Market Size & Outlook
Related Markets
Brazil bioactive ingredients market highlights
- The Brazil bioactive ingredients market generated a revenue of USD 3,733.8 million in 2022 and is expected to reach USD 6,737.4 million by 2030.
- The Brazil market is expected to grow at a CAGR of 7.7% from 2023 to 2030.
- In terms of segment, fiber was the largest revenue generating product in 2022.
- Other Ingredients is the most lucrative product segment registering the fastest growth during the forecast period.
Bioactive ingredients market data book summary
| Market revenue in 2022 | USD 3,733.8 million |
| Market revenue in 2030 | USD 6,737.4 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | Fiber |
| Fastest growing segment | Other Ingredients |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fiber, Vitamins, Omega 3 PUFA, Plant Extracts, Minerals, Carotenoids & Antioxidants, Probiotics, Other Ingredients |
| Key market players worldwide | Archer-Daniels Midland Co, Basf SE, Cargill, Ingredion Inc, Ajinomoto Co Inc, Owens & Minor Inc, Sensient Technologies Corp, DuPont de Nemours Inc |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.2% of the global bioactive ingredients market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil bioactive ingredients market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 6,737.4 million by 2030.
Fiber was the largest segment with a revenue share of 23.89% in 2022. Horizon Databook has segmented the Brazil bioactive ingredients market based on fiber, vitamins, omega 3 pufa, plant extracts, minerals, carotenoids & antioxidants, probiotics, other ingredients covering the revenue growth of each sub-segment from 2018 to 2030.
Pharmaceutical industry in Brazil is the largest in Central & South America. The continuously increasing elderly population in Brazil is expected to significantly surge the prevalence of chronic and lifestyle-related disorders.
This is expected to promote robust healthcare investments in the country, thereby contributing to the high demand for bioactive ingredients used in medicinal formulations.
According to the Brazilian Association of the Personal Hygiene and Cosmetics Industry index, the hygiene and personal care & cosmetic sector in the country witnessed a growth of 5.8% in 2020 despite the pandemic and associated risks.
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Bioactive Ingredients Market Scope
Bioactive Ingredients Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Ajinomoto Co Inc | View profile | 43318 | 15-1, Kyobashi 1-chome, Chuo-ku, Tokyo, Japan, 104-8315 | http://www.ajinomoto.co.jp |
| Owens & Minor Inc | View profile | 13700 | 9120 Lockwood Boulevard, Mechanicsville, VA, United States, 23116 | https://www.owens-minor.com |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
| Ingredion Inc | View profile | 11600 | 5 Westbrook Corporate Center, Westchester, IL, United States, 60154 | https://www.ingredion.com |
| DuPont de Nemours Inc | View profile | 24000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | https://www.dupont.com |
| Archer-Daniels Midland Co | View profile | 41802 | 77 West Wacker Drive, Suite 4600, Chicago, IL, United States, 60601 | https://www.adm.com |
| Sensient Technologies Corp | View profile | 3956 | 777 East Wisconsin Avenue, Milwaukee, WI, United States, 53202-5304 | https://www.sensient.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
Brazil bioactive ingredients market size, by product, 2018-2030 (US$M)
Brazil Bioactive Ingredients Market Outlook Share, 2022 & 2030 (US$M)
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